0001225208-21-003920.txt : 20210226 0001225208-21-003920.hdr.sgml : 20210226 20210226150846 ACCESSION NUMBER: 0001225208-21-003920 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210224 FILED AS OF DATE: 20210226 DATE AS OF CHANGE: 20210226 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Chatterjee Indroneel CENTRAL INDEX KEY: 0001717094 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36063 FILM NUMBER: 21687795 MAIL ADDRESS: STREET 1: 40, AVENUE MONTEREY CITY: LUXEMBOURG CITY STATE: N4 ZIP: L-2163 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Altisource Asset Management Corp CENTRAL INDEX KEY: 0001555074 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500] IRS NUMBER: 660783125 STATE OF INCORPORATION: VI FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 5100 TAMARIND REEF CITY: CHRISTIANSTED STATE: VI ZIP: 00820 BUSINESS PHONE: (340) 692-1055 MAIL ADDRESS: STREET 1: 5100 TAMARIND REEF CITY: CHRISTIANSTED STATE: VI ZIP: 00820 4 1 doc4.xml X0306 4 2021-02-24 0001555074 Altisource Asset Management Corp AAMC 0001717094 Chatterjee Indroneel 5100 TAMARIND REEF CHRISTIANSTED VI 00820 VIRGIN ISLANDS, U.S. 1 1 Chief Executive Officer Common Stock 2021-02-24 4 A 0 60606.0000 23.7200 A 115551.0000 D Common Stock 2021-02-24 4 F 0 17524.0000 23.7200 D 98027.0000 D Effective February 24, 2021 (the "Grant Date"), the compensation committee of the board of directors of the Company granted the reporting person an aggregate of 60,606 shares (the "Shares") of common stock. The Shares vest immediately on the Grant Date. The price per share was calculated based on the average of the high and low price of the Company's common stock on the vesting date, which was February 24, 2021. Includes 40,000 remaining unvested restricted shares of common stock, which, upon vesting, settle for shares of common stock, subject to acceleration or forfeiture. Such 17,524 shares were forfeited by the reporting person to cover the tax withholdings on the vesting of his Common Stock pursuant to the terms of the Company's 2020 Equity Incentive Plan. The price per share used to determine the tax withholdings was the average of the high and low sale prices of the Company's common stock on the vesting date, which was February 24, 2020. P. Graham Singer, Attorney-In-Fact 2021-02-26